CBRE is making an investment in Fifth Wall’s Climate Technology Fund to enable the next generation of sustainability in commercial real estate. The fund will invest in technologies that will contribute to the decarbonization of the commercial real estate industry, as well as adjacent sectors, such as energy and manufacturing.
As the world’s largest manager of commercial buildings, CBRE is well positioned to help stem the rise in global temperatures through sustainable practices for the built environment. CBRE’s investment in the fund will provide insight into and access to early-stage technologies that will enhance the firm’s sustainability solutions for clients and support the company’s own sustainability goals.
Sandeep Davé, CBRE’s chief digital and technology officer, said, “Climate technology development has dramatically increased as a result of a changing regulatory environment, ambitious corporate sustainability targets and other catalysts. We beli